
Sugar stocks, including Dhampur Sugar and Balrampur Chini, surged by over 8% after the Indian government removed the cap on sugar diversion for ethanol production for the 2024-25 season. This policy change allows sugar mills to produce ethanol from sugarcane juice and B-Heavy molasses, boosting their profitability. Other sugar stocks like Shree Renuka Sugars, Dalmia Bharat, and Andhra Sugar also saw strong gains. Experts suggest that this increased operational flexibility could make sugar stocks a compelling investment. Should you invest in the sugar stock bull run or Hold? Catch Sakshi Batra in conversation with Sneha Poddar, Vice President, Research Analyst, B&D, MOFSL and Kunal Rambhia, Founder, The Streets views on the sugar stocks rally